Invest in North Melbourne, VIC
Live property data, rental yields 3.5%–5.5%, and investment analysis for North Melbourne 3051 — updated daily from Australian property markets.
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📊 North Melbourne Demographics (ABS 2021)
- Population
- 14,953
- Median HH Income
- $89,284/yr
- Median Age
- 31
- Renter %
- 83%
💰 Investment Snapshot
- Median Price
- $1,220,000
- Median Rent
- $381/wk
- Gross Yield
- 1.62%
- 1yr Growth
- -6.9%
- 5yr Growth
- +3.0%
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🏆 Investment Score
📈 Price History
Source: NSW Valuer General transactions + ABS RPPI index projection. Current estimate: $735,000 (2024)
Similar suburbs to explore
Why invest in North Melbourne?
- 📍 Located in VIC, VIC — part of the North Melbourne greater region
- 📈 VIC properties typically yield 3.5%–5.5% gross
- 🏠 Postcode 3051 — search live listings instantly
- 🧮 Every listing scored 0–100 for investment potential based on price, yield, and property features
- 📊 Compare North Melbourne against any other Australian suburb for yield and price
- 🔔 Set up suburb alerts — get emailed when new listings match your criteria
Search live North Melbourne listings now — free
See current prices, rental yields, and investment scores for every property in North Melbourne.
🔍 Search North Melbourne — FreeNorth Melbourne, VIC 3051
VIC region. Search live sale and rental listings instantly.
Typical Gross Yield
VIC properties typically yield 3.5%–5.5%. Search live listings for current North Melbourne yields.
Investment Scoring
Every North Melbourne listing is scored 0–100 based on price, yield, bedrooms, land size, and market position.
Cashflow Calculator
Model mortgage repayments, holding costs, and break-even rent for properties in North Melbourne.
How to analyse North Melbourne properties
Search North Melbourne
Enter “North Melbourne” or postcode 3051 to see live listings.
Compare yields
See estimated rental yield for each property based on current market rents in North Melbourne.
Run full analysis
Click any listing for a full investment breakdown — stamp duty, cashflow, projections, stress tests.
Frequently Asked Questions
Common questions about investing in North Melbourne, VIC
What is the average yield in North Melbourne?
The current gross yield for North Melbourne is approximately 1.6%, based on median rent of $381/week and median price of $1,220,000. Actual yields depend on property type and current rental demand. Not financial advice.
Is North Melbourne good for investment?
North Melbourne in VIC has key investment drivers including proximity to North Melbourne amenities, infrastructure, and employment. Use our suburb profile and live investment scoring to assess current market conditions. Not financial advice — always consult a qualified adviser.
How do I analyse a property in North Melbourne?
Search North Melbourne on Property Scout AU to see live listings ranked by investment score. Click any listing for a full cashflow analysis including estimated rent, mortgage repayments, stamp duty, and 30-year projections. It’s completely free to search.
What is the median property price in North Melbourne?
The median property price in North Melbourne is $1,220,000, with -6.9% growth over the past year. Data sourced from NSW Valuer General and VIC government records. Not financial advice.
Can I compare North Melbourne with other suburbs?
Yes — use our suburb comparison tool to compare North Melbourne against any other suburb in Australia on median price, yield, days on market, and more.
Start analysing North Melbourne properties
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Not financial advice. Always do your own research and consult a qualified financial adviser.